Amazon’s decision to close its Quebec warehouses will likely lead to a scenario in which some of its 2.25M-square-foot inventory is absorbed by third-party logistics companies with the remainder entering the sublet market, CBRE's Louis Karam believes.
Walmart Canada has announced a $6.5-billion investment in Canada over the next five years, which it says includes “dozens of new stores across the country”, and the openings for several previously announced new facilities.
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